About Sustainability
President's Message
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Combining core insurance competencies with sustainable coexistence thinking to harness the power of corporate citizenship
In the face of multiple challenges such as economic fluctuation, climate change and geopolitics, Cathay Life Insurance has long been committed to sustainability based on the three focus areas of “climate, health and empowerment,” with key actions to accompany eight million policyholders to overcome challenges. Cathay Life Insurance is the first life insurance company to adopt the UN Principles of Sustainable Insurance (PSI), and has devised proactive plans to respond to the Green Finance Action Plan 3.0, promoting sustainable development in Taiwan’s industries as a Leader in Sustainable Insurance. Our achievements include winning the trust of policyholders. In addition, we were recognized by Brand Finance as one of the top 100 global insurance brands in 2023, and the only life insurance company in Taiwan to be included in the list for nine consecutive years. We were also ranked the top 20% in the first sustainable finance evaluation conducted by the Financial Supervisory Commission.
Climate
In response to the global interest in climate and nature issues, Cathay Life Insurance works to align with the global renewable energy initiative RE100, with the aim to achieve net-zero carbon emissions in 2050 by promoting a dual strategy covering “Zero Carbon Operation Transformation” and “LowCarbon Investment Allocation.” In addition to reducing carbon emissions and adopting of green electricity in its own operations, Cathay Life Insurance also promotes the “Green Real Estate Project” to help tenants acquire green electricity. In promoting the development of sustainable finance, Cathay Life Insurance proactively conducted climate engagement with enterprises, driving net-zero transition in the industry. In response to the international climate and nature-related initiatives, Cathay Life Insurance became the first insurance company to participate in Nature Action 100 in 2023, calling on enterprises to jointly take practical actions to develop towards better nature and ecological diversity, strengthen climate resilience, and expand financial influence, so that industry in Taiwan can move towards a low-carbon economy.
Health
Cathay Life Insurance regards the health of its employees and citizens as its own responsibility. Employees are the company's most valuable assets. In addition to establishing a safe working environment, we also adhere to the concept of preventive medicine to improve the benefits and subsidies related to the physical and mental health of employees, and developed quantitative indicators to help employees with health check-ups. To achieve a healthy society, Cathay Life Insurance has developed its own FitBack health promotion platform, which is the largest in the insurance industry as the number of members exceeded one million people in 2023. Cathay Life Insurance is also the first in the industry to launch a second-generation spillover-feature insurance policy, with membership levels set as spillover-feedback standards. In addition, the Every Step Counts event is held every year, and the number of step counts are converted into charity funds to support charity and renewable electricity development. In the future, we will continue to expand the health ecosystem, providing diverse and inclusive products and services, and creating a sound physical and financial safety net.
Empowerment
It is imperative that a high-quality company shall foster an environment conducive to employee development. Therefore, we provide diverse learning resources and opportunities to cultivate employee growth. We also implement diversity, equity and inclusion(DEI), and established a complete career development system and a friendly workplace. Meanwhile, by upholding the spirit of bringing stability and happiness to society, invest in social empowerment, and provide support for the disadvantaged, Cathay volunteers work to help students realize their dreams, assist the development in remote areas and care for the elderly. We look forward to sharing resources to every corner of society. The Great Tree of Cathay Life Insurance, with more than 60 years of history in Taiwan, will continue to contribute to the prosperity of society and exert its influence.
Cathay Life Insurance collaborates with employees, policyholders, suppliers, investee companies and other stakeholders to contribute to the Earth, and the next generation. We believe that by working together, we can secure a sustainable future.
Cathay Life Insurance collaborates with employees, policyholders, suppliers, investee companies and other stakeholders to contribute to the Earth, and the next generation. We believe that by working together, we can secure a sustainable future.